This makes zero sense for IBM.
Red Hat is a nice little Linux business, but it doesn't do much with the cloud.
Linux (the operating system) is the VERY BOTTOM of the software stack. Having control of Red Hat will do NOTHING "to help companies bridge those technologies with applications that run in their own data centers" in Ginni's terms.
And Red Hat is just one of many Linux distributions. You better believe that Microsoft, Google, Amazon, etc. are not using RHEL in their cloud operations. And they'd be running from now if they were.
This is just the dumbest, stupidest, most desperate move that I have ever seen. This make the HP acquisition of Autonomy looks like a genius move.
Just read this post ( @VSH2RkF-oho). Think that the OP is right